Saturday, December 10, 2022

Video conferencing service Zoom elevates business goals

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With the figures published on Monday after the US stock market closed, Zoom slightly exceeded analysts’ forecasts. In addition, the San José-based company significantly raised its profit targets for the year as a whole.

The stock reacted after hours with a jump in price of around 15 percent. However, it had also suffered a lot in the past few months – since the beginning of the year the price has been down by more than 50 percent.

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